新用戶掃碼下載
掃碼下載APP
及時(shí)接收最新考試資訊及
備考信息
USCPA精選習(xí)題36：Financial
想要放棄的時(shí)候記得跟自己說“只要再堅(jiān)持一下，再堅(jiān)持一下，勝利就是屬于你的”！正保會(huì)計(jì)網(wǎng)校為大家整理了USCPA：Financial習(xí)題，希望大家利用好這些內(nèi)容，能夠在有限的時(shí)間內(nèi)提高自己成績(jī)。
At January 1, 1994, Jamin Co. had a credit balance of $260,000 in its allowance for uncollectible accounts. Based on past experience, 2% of Jamin's credit sales have been uncollectible. During 1994, Jamin wrote off $325,000 of uncollectible accounts. Credit sales for 1994 were $9,000,000. In its December 31, 1994, balance sheet, what amount should Jamin report as allowance for uncollectible accounts?
a. $440,000
b. $180,000
c. $115,000
d. $245,000
【正確答案】c
【答案解析】
Choice "c" is correct. Under the percentage of credit sales approach, uncollectible accounts expense would be debited and allowance for uncollectible accounts would be credited for $180,000 (2% x $9,000,000). For accounts written off, allowance for uncollectible accounts would be debited and accounts receivable would be credited for $325,000. The December 31, 1994 allowance for uncollectible accounts balance would be $115,000 ($260,000 + $180,000 - $325,000).
Choice "b" is incorrect. $180,000 is the 1994 addition to the allowance for uncollectible accounts recognized under the percentage of credit sales method. It does not represent the balance of the account at year-end.
Choice "d" is incorrect. This calculation incorrectly debits the allowance for uncollectible accounts for the $180,000 adjustment.
Choice "a" is incorrect. This calculation does not reduce (debit) the allowance for uncollectible accounts for the $325,000 of accounts written off.
相關(guān)推薦：
美國CPA考試中那些鮮為人知的高分小秘訣【點(diǎn)擊收藏】
有意向報(bào)考的AICPA的考生趕快點(diǎn)擊下方圖片進(jìn)行免費(fèi)預(yù)評(píng)估>> 了解AICPA報(bào)考條件吧！
推薦閱讀
限時(shí)免費(fèi)資料
-
思維導(dǎo)圖
-
學(xué)習(xí)計(jì)劃
-
科目特點(diǎn)
-
報(bào)考指南
-
歷年樣卷
-
財(cái)會(huì)英語
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號(hào)